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Wall Street Reform

Arthur Delaney

Ben Nelson Bucks Party, Helps GOP Block Jobless Aid | Arthur Delaney | Posted 05.25.2011 | Politics

Ben Nelson is nothing if not sensitive. In May, as the Senate stuffed a Wall Street reform amendment that would have done away with exorbitant ATM fe...

Ryan Grim

Reid Bringing Wall Street Reform To Senate Floor | Ryan Grim | Posted 05.25.2011 | Politics

Sen. Harry Reid (D-Nev.) will file cloture on the Wall Street reform report on Tuesday, paving the way for a final vote later this week. On the Senate...

Meet The Women Charged With Cleaning Up Wall Street

TIME | Michael Scherer | Posted 05.25.2011 | Business

A few weeks back, at an event to celebrate the role of women in finance, Treasury Secretary Timothy Geithner tried to get things started with a joke. ...

Key Republican Moderate Backs Financial Reform As Bill Edges Closer To Passage

Posted 05.25.2011 | Politics

WASHINGTON (AP) -- Sens. Olympia Snowe and Scott Brown pushed sweeping financial legislation to the edge of final passage Monday, both announcing they...

Ryan Grim

Elizabeth Warren To Head Consumer Protection Bureau? | Ryan Grim | Posted 05.25.2011 | Politics

Once President Obama signs Wall Street reform into law, the battle will move off the front pages, but it'll be far from over. Who the president picks ...

Moffat's Sex. Nietzsche's Memory.

Bill Singer | Posted 05.25.2011 | Business
Bill Singer

It used to be sex, drugs, and rock 'n roll -- now it's sex, drugs, rock 'n roll, politics and Wall Street. For some reason, a lot of folks just get hung up about that sex thing.

My Views on Wall Street and Our Broken Political Process

Reshma Saujani | Posted 05.25.2011 | New York
Reshma Saujani

The Washington Post has published a front-page story calling me an "Ivy-educated, Wall Street veteran" who is "embracing Wall Street." Let me set the record straight.

SIMON JOHNSON The Kanjorski Surprise - Now It Gets Interesting

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

The bank lobbyists, it turns out, missed one. They and their congressional allies were able to gut the Volcker Rule, the Lincoln Amendment, and almost everything else that could have had an effect on the industry.

Shahien Nasiripour

Mutual Fund To No Longer Invest In 'Too Big To Fail' Banks | Shahien Nasiripour | Posted 05.25.2011 | Business

A top-ranked mutual fund will no longer invest in "Too Big To Fail" banks, announcing Thursday it would extend a prohibition already in place against ...

Shelby: Fannie Mae, Freddie Mac Should Be Included In Financial Reform

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON — A Democratic plan to rein in the financial industry is flawed because it fails to tighten control over two large government-sponsor...

The Strange Politics of Class in America

David Callahan | Posted 05.25.2011 | Politics
David Callahan

It is hard to recall examples like financial and health care reform in which the legislative battle lines were drawn in such sharp contrast to what voters' pocketbook concerns might logically dictate.

Don't Let Goldman Sachs Off the Hook

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

We want Fed money to be fueling business and consumer lending -- we don't want it to be encouraging gambling in the securities and derivatives casinos.

Close the Revolving Door

Sen. Michael Bennet | Posted 05.25.2011 | Denver
Sen. Michael Bennet

A voter recently asked me: "Where's my lobbyist?" And she's right -- this broken system is allowing the voices of millions of Coloradans and people across the country to be drowned out by special interest lobbyists.

Shahien Nasiripour

Former Fed Chairman Volcker Opposes Forcing Banks To Spin Off Swaps Desks | Shahien Nasiripour | Posted 05.25.2011 | Business

The establishment is lining up against Blanche Lincoln. As chairman of the Senate Agriculture Committee, the Arkansas senator authored a bipartisan b...

Congress Goes to Bat for Wall Street

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

No matter what else is ultimately enacted in the name of Wall Street reform, Congress decided last night that it will not confront the single greatest problem in the U.S. economy: Too Big To Fail.

Arthur Delaney

Fed Audit Compromise Amendment Praised By Fed Critics | Arthur Delaney | Posted 05.25.2011 | Politics

A trio of prominent economists said in an email to HuffPost on Friday that the compromised version of an amendment to audit the Federal Reserve would ...

Friday Talking Points [122] -- Bikini Bottom Update

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Since it's the Friday after month's-end, the new monthly unemployment numbers were released today. Which adds another bar to the "bikini bottom" char...

Shahien Nasiripour

Geithner Admits Regulatory Failures, Reiterates Support For Empowering Regulators | Shahien Nasiripour | Posted 05.25.2011 | Business

Treasury Secretary Timothy Geithner and the Federal Reserve's longest-serving top official reiterated their calls Thursday to rein in the nation's fin...

Shahien Nasiripour

Hank Paulson's Wall Street Reform Proposals Stronger Than Pending Senate Bill | Shahien Nasiripour | Posted 05.25.2011 | Business

Former Treasury Secretary Henry Paulson outlined a number of "suggestions" Thursday to fix the nation's broken financial system and the outdated regul...

Ryan Grim

Wall Street Reform: Progressive Dems Glimpse Victory | Ryan Grim | Posted 05.25.2011 | Politics

For the first time since the Great Depression, Congress has Wall Street on the defensive. One setback after another has beset the financial titans acc...

Brown-Kaufman Amendment: The State Of Play

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

The supporters of big banks will go down hard in November and in 2012; there are no secrets over this kind of time frame. But by then it will be too late for this cycle of financial reform.

Ryan Grim

Dodd: We Have A Deal On 'Too Big To Fail' Banks | Ryan Grim | Posted 05.25.2011 | Business

Lead Senate negotiators have reached a deal on the portion of the Wall Street reform bill that deals with banks considered "too big to fail", Sen. Chr...

Ryan Grim

Harry Reid: GOP 'Making Love To Wall Street' | Ryan Grim | Posted 05.25.2011 | Politics

Harry Reid has always had a way of turning a phrase. On Wednesday afternoon, he turned his talents to a description of the GOP's relationship with Wal...

Author Of Wall St. Class Warfare Email Responds, Calls Financial Reform 'A Lobotomy'

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Last week, we passed along this angry email from a financial professional that was reportedly making the rounds on Wall Street. According to FT Alp...

Financial Reform: Lobbyists Fret, Call Some Proposals 'Crazy' 'Draconian,' 'Insanely Unproductive' | Brady Dennis | Posted 05.25.2011 | Business

Some industry lobbyists, bracing for significant setbacks in the Senate, already are pinning their hopes on the House-Senate conference process, where...